Offers over
£260,000
(£322/sq. ft)
2 bed flat for saleElmfield Square, Gosforth, Newcastle Upon Tyne, Tyne And Wear NE3
2 beds
2 baths
1 reception
807 sq. ft
EPC Rating: C
Reduced on
Pat Robson
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About this property
Triple-Aspect First Floor Apartment
Two Double Bedrooms
Central Gosforth Address
Communal Gardens & Grounds
Lift Access
Dedicated Parking Space
Ideal For Owner Occupier or Landlord Investor
Unexpired Lease Term 105 Years
Service Charge £2,100 per annum
Ground Rent £271.51 per annum
**Triple Aspect First Floor Apartment**Two Bedrooms**Parking**No Onward Chain** An impressive purpose-built apartment occupying a prime Central Gosforth address, tucked away within mature communal gardens and grounds yet within walking distance of Gosforth High Street amenities. Exceeding 750 square feet, the apartment enjoys an upgraded interior specification, and includes a Communal Entrance with convenient lift access, a Private Reception Hall with built-in storage, a 22ft open-plan Living Room / Dining room and Kitchen Area, a Main Bedroom with an En-Suite Shower Room, a Second Double Bedroom, and a Bathroom. With double glazing and electric heating, viewing is highly recommended.
Ideal for owner occupiers or as an investment purchase, the apartment would generate a gross yield (pre service charge) in the region of 6.7%, based on a projected market rent of £1,450 per calendar month.
Material Information -
Council Tax Band: D
Tenure: Leasehold
Lease: 105 Years remaining
Service Charge: £2,100 per annum.
Ground Rent: £273.51 per annum
Management Company: Elmfield Square rtm Company Limited
Parking: Allocated resident parking.
Pets: Not permitted
EPC Rating: C
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More information
Tenure
Leasehold (105 years)
Service charge
Council tax band
D
Ground rent
Ground rent date of next review